Tag: Norway


Norsk Rikstoto Fined NOK 2 Million for Serious AML Failures

Norway’s state-controlled betting operator, Norsk Rikstoto, has been fined NOK 2 million (approximately EUR 170,000) by the country’s gambling regulator for failing to meet key anti-money laundering (AML) obligations. The administrative penalty was issued following a thorough supervisory inspection conducted by Lotteritilsynet in 2025. The regulatory authority highlighted that the case does not relate to proven instances of money laundering. Rather, it focused on whether Norsk Rikstoto had implemented sufficient systems and controls to detect and prevent financial crime....

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